This PPT slide, part of the 39-slide Structured Thinking 101: Clarity Through Storylines PowerPoint presentation, outlines a critical decision-making process regarding regulatory compliance and budget allocation for transitioning legacy reports into a new case system. It emphasizes the necessity to allocate additional funds, estimating a requirement of $1.2 million to $2 million over the next 2 years. The context indicates that the original budget of $2 million is insufficient to cover the transition of all 105 regulatory reports within the current financial year.

Key points highlight the updated estimates for database work, which have increased to $2 million, more than double the initial budget. This suggests a need for a more thorough approach to scoping the project. The slide also notes that budgets for other related tasks, such as workflow and API linking, remain unchanged, indicating potential areas for cost savings or reallocation.

The decision-making framework presented includes 2 main options: either to increase spending or to renegotiate with the regulator. If opting to spend more, the organization could either complete all tasks in FY23 or distribute them across FY23 and FY24. Alternatively, renegotiation could involve delivering a subset of the reports by FY23 or seeking extensions from the regulator.

The slide concludes with a direct request for advice on how to proceed, underscoring the urgency and importance of the decision at hand. This document serves as a strategic tool for executives to weigh financial implications against regulatory obligations, ensuring informed choices that align with organizational goals.

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